minister of commerce of china i have come to fully explain the conditions of defining facilities for the private sector of the month . it will be held in this exhibition which can really be fully and continuously effective . we have another event in the field of economic diplomacy of the country and what was the big achievement for our new export markets, but if we can focus on this country together, it is equal to ten to twenty with the export space, and why this number of countries came last year, about 20 export licenses of the islamic republic of iran were taken to china. various goods and for the first time with the help of our center, our oranges were imported to china with excellent quality, the film of which is fully studied, and the african country with a population of 20 million is not the same as china, it has a population of one billion, it has a high purchasing power, but this an example of this is why the religion of dr. peyman pak entered the internet they said that coming to a special meeting next to the meeting of our import expo exhibition should be under these cond

servants of it signed by the ministry of economic development of russia, ministry of commerce of chinat will promote the promotion of interregional cooperation and holding joint exhibitions, while among the priorities of bilateral relations translation of functional currency calculations, yuan. in this regard, it has become a good alternative to the dollar, the euro in russia's export operations has increased from two to 18% over the year, and in imports from five to twenty-seven by the end of the year, the volume of settlements in chinese currency can grow 10 times, in addition, it is important to develop transport and logistics routes in the new geopolitical conditions , the development of transport logistics routes passing through the russian-chinese border is of particular importance. road and rail bridge across the amur river we accelerate the development of border infrastructure and synchronize its expansion. this is necessary to increase freight traffic and further increase trade between russia and china. the day before, at a business forum in shanghai, the parties discussed new

not so long ago, negotiations were held between the belarusian department and the ministry of commerce of chinasfer and processing and mutual requests for access to the service market of the two countries. following the meeting , the list of inconsistent points was significantly reduced. it is assumed that the bilateral agreement will be signed before the end of this year, and now the situation in the foreign exchange market following the results last trades. on the stock exchange, the russian ruble has fallen in price, the dollar and the chinese yuan have risen in price . so the american currency costs 2 rubles. 94 kop. the euro rate at the national bank rose to 3 rubles. 18 kop. for 10 yuan they give 4 rubles. 20 kop. and for 100 russian 3.65 belarusian. the first transaction for the sale of sugar to uzbekistan was registered at the belarusian universal commodity exchange. the volume of a pilot purchase of 134 tons was sold by one of the domestic sugar factories, and the buyers were a brokerage company uzbek republican commodity exchange thus received. the first practical experience in mutual

russian ministry of economic development ministry of commerce of china signed a memorandum on deepening the field of trade services will encourage inter-regional interaction, as well as participation in exhibitions. at the same time, payments are increasingly being made in national currencies, yuan. in this regard, it has become a good alternative to the toxic dollar and euro in export in russia's operations, its share increased from 2 to 18% over the year, and in imports from five to twenty- seven, according to sberbank's estimates, by the end of the year. the participation of the chinese currency can grow 10 times, in addition, it is important to develop transport and logistics routes. in the new geopolitical conditions , the development of transport and logistics routes passing through the russian-chinese border is of particular importance. last year , traffic was launched on a road and rail bridge across the amur river infrastructure. synchronize its extension. this is necessary to increase cargo transportation and further growth of trade between russia and china. on tuesday , a bus

constantly and steadily developing ministry of economic development of russia the ministry of commerce of chinan deepening investment cooperation. in the field of trade services , interregional interaction will be encouraged, and also participation in exhibitions. at the same time, payments are increasingly being made in national currencies, yuan. in this regard, it has become a good alternative to toxic dollars and euros in russia's export operations, its share increased from two to 18% over the year, and you import from five to twenty-seven, according to sberbank's calculations, by the end of the year. the participation of the chinese currency can grow 10 times, in addition, it is important to develop transport and logistics routes. in the new geopolitical conditions , the development of transport logistics routes passing through the russian and chinese borders last year , traffic was launched on automobile and railway bridge crossings across the river. amur we are accelerating the development of border infrastructure. synchronize its extension. this is necessary to increase freight traffic a

chinese, but according to an article in today's issue of the wall street journal, the ministry of commerce of china said on thursday that the sale or transfer of tik tok will involve simple technology, which must be approved by the chinese government . the spokesperson of the ministry further quoted from shoting that the government's efforts, despite the report and the matter of confidence of global investors hits america and continues that if it is true , china will strongly oppose it, referring to the forced sale, despite your claims, on the contrary , it thinks that it is in control of tik tok and its software. california allows three numbers as congressmen, our first and most important responsibility is to protect and defend the constitution and, in fact, the national security of our country. therefore , i want to ask questions about the investigation of the separation of tike from binance . i said in the opening note that our program was transferred by americans for storage in american soil by which company , how can you say this? in your opening note , you talked about firewalls, but the chin

not so long ago, negotiations were held between the belarusian department and the ministry of commerce of china discussed issues of data transfer and processing and mutual requests for access to the service market of the two countries. following the meeting , the list of inconsistent points was significantly reduced. it is assumed that the bilateral agreement will be signed before the end of this year, and now to the situation on the foreign exchange market following the results of the last trading session. on the stock exchange, the russian ruble has fallen in price, the dollar and the chinese yuan have risen in price . so the american currency costs 2 rubles. 94 kop. the euro rate at the national bank rose to 3 rubles. 18 kop. for 10 yuan they give 4 rubles. 20 kop. and for 100 russian 3.65 belarusian. the first transaction for the sale of sugar to uzbekistan was registered at the belarusian universal commodity exchange. the volume of a pilot purchase of 134 tons was sold by one of the domestic sugar factories about the buyer of a brokerage company, a credited on the butb and on the uzbek rep

away from the us into china now, the british chamber of commerce and china's just released a report showinga majority of its members now feel more confident about doing business there compared to a year ago. earlier i spoke to a year ago. earlier i spoke to the organisations managing director who explained that even though most businesses are optimistic concerns over geopolitical tensions remain. geopolitical tensions rank number one in terms of the challenges that businesses are facing. however, when we look at relationships at such a complex subject and not something that any single actor can address. we know about geopolitics, there's always going to be redlines that you can't cross but also always opportunities that you can ignore. when it comes to the uk — china relations at very complex. what we welcome is actually seeing uk's position on china around the engagement piece and we saw that in the integrated review refresh. and evenin integrated review refresh. and even in their recent house speech from the secretary of state around not oversimplifying china but also seeing china as an e

china's crackdown. overseas business lobbies have voiced concern with the european union chamber of commerce in china sayinghe measures send a worrying signal and heighten the uncertainty felt by foreign companies operating in china. developments are not conducive to restoring business confidence and attracting foreign investment. experts say beijing's crackdown clashes with efforts to lure back foreign investors after the covid-19 pandemic, and fear it will be damaging to investor confidence. >> the australian government has unveiled its budget for the next year with a headline 9.3 billion euro cost-of-living package. the measures include an increase in fortnightly unemployment payments by 25 euros, an expansion and access to free gp appointments for pensioners and children, a hike in weekly rent assistance, plus a 235 euro increase in aid for single parents. the opposition greens party says the measures don't go far enough, and are a betrayal of people living in poverty. the treasurer defended his budget. >> we understand that australians are under the pump right now. that is why providing responsible tar

of our president to china and several meetings. already passed at the site of the ministry of commerce of the people's republic of china instructionsate bodies and business structures will accelerate to restore funding and complete of the project, this was discussed at a meeting in lyuban with the first deputy prime minister, a clear action plan was defined , technical and financial audits were carried out . several investment projects, and, uh, for the region. there is a task to build large projects. here we are on the site of one project, which is already at a fairly advanced stage of implementation. our function regulation of the river is ensured if different orders are required. decree of the government or acts of a higher level, enrichment plant. 100% state-owned. some equipment has already been purchased earlier and it is safe now due to the inability to replenish the platform with european models, it is possible to reconfigure the subsystem technologies from national manufacturers of world leaders in this field, nikolaev noted all these issues. now the company decides that it is not difficult and the first priority is to com

today it is in the active stage of returning cash flows after our president's state visit to china and several meetings. already passed at the site of the ministry of commercepeople's republic of china state bodies and business structures have given instructions to accelerate the restoration of funding and the completion of the project, this was discussed at a meeting in luban with the first deputy prime minister, determined a clear plan of action was carried out by a technical and financial audit in where you advantage, despite the difficult foreign policy conditions, the country continues large investment projects, since they are a kind of driver of the economy, there are one or more investment projects in each district, and, uh, for the region. there is a task to build large projects. here we are on the site of one project, which is already at a fairly advanced stage of implementation. our function is provided by the river regulator if different dispositions are required. decree governments or higher level acts, enrichment plant. 100% state-owned. some equipment has already been purchased earlier and it is now preserved due to the inability to replenish

china tensions? >> reporter: he made the comments at the g7 summit. a lot of people hoping that the u.s. and china would have discussions. later this week, there have been rumbling that the commerce minister would meet at the apek summit there in detroit with the u.s. representative and, of course, the come mess scomes -- commerce secretary the chinese foreign ministry said it doubted the u.s. sincerity to resume talks because of some of their latest actions and they were referring to the u.s. and some of the comments coming from the g7. >> you mention the u.s how does this impact the u.s. business community based in china? >> reporter: a lot of people are unnerved because of the overall security environment which is uncertain. because of that, people had been talking about this latest micron move and wondering whether or not it has implications for other companies and if we are going to see national security really overriding business sentiment. the foreign ministry said this doesn't change their welcome mat for u.s. businesses. in fact, the commerce minister today had spoken with some of the members of the american chamber of commerce in shanghai including johnson & johnson and

searching american companies based in china, some being charged with espionage on suspicion espionage and it is becoming a real problem according to the american chamber of commerced to our colleague janis mackey frayer. and american companies are beginning to be very concerned about it. so that was definitely discussed. today they are going to detroit along with the u.s. trade representative and they will be meeting with other apa krflt members. and this was hopefully an a reopening to secretary blinken's trip, getting that call that the president said back in again was going to happen soon between him and president xi, but still hasn't happened. there have been no military to military communications since former secretary -- excuse me then speaker nancy pelosi went to taiwan offending the chinese. all of that has been taking place and very concerning. they are hoping for a thaw now that jake sullivan met with his counterpart in vienna two weeks ago. but all this could be upset by this hacking accusation. it first came from microsoft on wednesday. then the national security agency warning companies to be on alert, all the infrastructure companies throughout the

restricted the supply of micron chips to some of its industries the us department of commerce is working directly with chinae our opinion clear. in general, these actions do not correspond to the prc's statements that it is open for business and adheres to a transparent regulatory framework . officially, beijing attributed the ban to the presence of network security problems in chips from procurement will give up entire sectors of the chinese economy from transport to finance. china and russian lada became the most demanded cars for our taxi companies according to vtb leasing in financial lease transactions for the first quarter before treatment 42%. at lada 28 , the chinese brand gilli closes the top three, with 8% on this i have more and more news in the next chat. go to the supermarket and buy a scooter. we will give you a 35 percent discount and free delivery in 15 minutes. book profitably. daily.ru we will find where to stay the best interest in sberbank is a reliable investment. helps russians to profitably buy goods abroad, the benefits have been extended until october 1, but there are nuances. it is

the line of defense for america and more news from america, the us department of commerce went on the warpath against china the ban on china for the purchase of chips by the american company micron, the head of the ministry said according to the pier. beijing has been targeting a single american company for no reason, in what washington sees as coercion and will not tolerate it. there is already evidence of the notorious double standards. what is called in full growth? well, firstly, beijing has officially indicated the reason. it is a marriage in the company's electronic components that endangered the cybersecurity of china secondarily by the us itself a few years ago. indeed, for no reason , they targeted a single chinese company as part of the most obvious coercion to eliminate competition, of course , we all remember about huawei, the company offered strange things from europe to australia to develop everything these 5gs are cheaper. and more effectively than western telecoms, which washington could not put up with and quickly found an excuse in the form of a threat to national security. and let's go b

we are visiting almost that attacked the ship, and on the immortal main thing in china at the moscow chamber of commercestry. well, hello, how was the forum. is it possible to say that this is a milestone in our business cooperation with china i think, of course, one can say that it was a triumphant visit, but many journalists called this visit a triumphal visit of the russian delegation to china and the forum was quite impressive delegation. first of all, of course, business and the entire majority of the cabinet of ministers and representatives of our government participated, therefore, many experts tend to characterize this forum in this way. hmm, to characterize this forum the atmosphere from the chinese side, because we have a lot of discussions on this topic . obstacles, and others the opposite, that do not be afraid of the american, so will try their best, well be restrained you know, uh i would i believe that both points of view are the case with you. yes , of course, chinese partners. first of all, you absolutely rightly said they will pursue their own interests, yes, look for opportunities to

restricted the supply of micron chips to some of its industries the us department of commerce is working directly with chinamake our views clear. in general, these actions are not in line with the prc's claims that it is open for business and adheres to the transparent regulatory framework explained the ban by the presence of network security problems in microcircuits, entire sectors of the chinese economy from transport to finance will refuse to purchase. so far, all the news. the real madrid football club appealed to the spanish prosecutor general's office with a demand to investigate russian insults against the brazilian striker of the vinicius team at the match with valencia danil will tell you more. brazilian vinicius junior from real madrid is one of the most notorious young and hot representatives of both the spanish league and of all world football, fast, sharp, and always in sight, as is often the case, such characters leave almost no chance to treat them indifferently. however, at the valencia stadium , the quintessence in the relationship between the brazilian and the mass of fans of the spanish

our guests are almost like from a ship to a ball, and on the immortal main thing in china at the moscow chamber of commerced industry anna hello, how was the forum. is it possible to say that this is a milestone in our business cooperation with china i think, of course, one can say, uh, that it was such a triumphal visit, but many journalists called this visit the triumphal visit of the russian delegation to china a to the forum the delegation was quite impressive in the first place, of course, business and all, uh , most of the cabinet of ministers and representatives of our government participated, so many experts tend to characterize this forum the atmosphere from the chinese side in this way, because we have a lot of discussions on this topic , some believe that the chinese are so profitable in the long run that they will make every effort to bypass all obstacles, while others vice versa. that they are afraid of american sanctions, so they will try their best, well, be discreet, you know, i would , i believe that both points of view have a place to be. yes, of course, the chinese partners, first of all

members will vote to override the president's veto of legislation that repeals the commerce department raising taris parts from china. live coverage of the house on c-span, the senate on-span two. and a reminder that you can watch all of our congressional coverage with our mobile video app, c-span now, or online at c-span.org up next on c-span, openai ceo, his company created chatgpt, kultur federal oversight of artificial intelligence technology in the senate judiciary subcommittee hearing. in washington, d.c. mayor muriel bowser testifies about the rising crime in the nation capital. a little bit later, u.s. appeals court panel based in new orleans . oral argument in a case involving the abortion medicine. the case was previously heard in texas were a judge stop the approval of the medication after which the ruling was appealed by the biden

. >> we talked about secretary of treasury, the secretary of commerce also visiting china at some pointwe believe the time is right. >> laura: welcome to the great surrender. joining me now elbridge colby former official and jason chaffetz former congressman. elbridge, what do you expect here? after everything china has done after they helped russia in this war in ukraine we're spending apparently half of the biden cabinet to kiss the ring. >> seems like a competition, apparently a competition to see who can go and the chinese are in a cat bird seat where they're asking and the chinese are in a position where they're chastising us. burns said something correct a couple weeks ago where he said china's a much bigger challenge and much more powerful than the soviet union. why do we think playing nice and chastising and running along is going to work with these guys. >> laura: what does china take away from this with that response to the united states. >> they laugh and giggle at us. you think the commerce secretary is suddenly going to break through? they steal our ip. they have thousands

of semiconductors to china. in a statement, the country's commerce minister labelled the controls wrongdoing, saying they seriously export controls which limit the sale of chip—making tools to china. for japan's part, this prevents 23 types of different equipment being exported. it's characterised these restrictions as being part of its duty to contribute to international peace and stability. tesla's chief executive elon musk is expected to visit china this week, according to sources from reuters. he is expected to meet with senior chinese officials as well as visit the tesla's chain type plant. after the us, china is tesla's second—highest market with the shanghai plant the electric car maker's largest production hub. that's all we have for you here on asia business report, i'm monica miller, bye for now. in a few months, baby helena will have the first of numerous surgeries to repair her cleft lip and palate — a condition which means the tissue in her mouth didn't fuse together as it should have. her mum and dad received the diagnosis at their 20—week scan. hey, how are you both? good, and how's helena? the fami

. >> tuesday, defense secretary lloyd austin, secretary of state blinken and commerce secrety raimondo testify about u.s.-china relations live coverage begins at 2:00 p.m. oc-span three. you can also watch on our free mobile video app, c-span now, or online, it c-span.org. >> c-spanshop.org is it c-span's online store. browse through our latest products, apparel, books, home decor and accessories. every purchase helps support our nonprofit operation. shop now, or anytime at span shop.org -- c-spanshop.org. >> president biden talked about a federal proposal that would mandate airlines compensate passengers for flight delays and cancellations. joined by the transportation secretary, he emphasized the creation of a new website to help consumers understand their federal protections. as gotten glitches. i want to begin by thanking president biden for his leadership and thank you all for joining us today. every day, more than a million americans stepped aboard an airplane. some people are sitting out on a trip of a lifetime, others are wrapping up a weekly commute. we depend on airlines to get us to weddings, vacati

china is heating up. the chair of the us house of representatives' committee on china says that the commerce department shouldangxin memory technologies after beijing earlier this week banned the sale of some chips by us—based micron technology. lets go to katie silver in our asia business hub in singapore. good to see you. what is the latest on this?— latest on this? that's right, so many — latest on this? that's right, so many have _ latest on this? that's right, so many have been - latest on this? that's right, so many have been waiting | latest on this? that's right, l so many have been waiting to see whether or not washington may take retaliatory action this is the first we have heard. as you say, it came from the republican lawmaker mike gallagher, the head of the us of representatives committee on china. he has typically taken a very tough stance. he said the ua -- very tough stance. he said the ua —— he said the us may clear it will not tolerate coercion. changxin memory technologies was one of the company is listed but it said all of that memory chip companies from china should not be able to use or

the secretaries of statend commerce are in front of the senate appropriations committee to outline how the 2020 four budget rue addresses competitiveness with china. re-think streams live on the c-span -- everything streams live on the c-span video app or online at c-span.org. president biden is set to meet with congressional leaders at the white house later today to continue negotiations on raising the debt limit. it is the second time in seven days at the same group will be in a room together following last week's overall office meeting. -- oval office meeting. they have been working behind the scenes to find common ground as republicans and you to push for spending cuts and any increase in the debt ceiling. yesterday, janet yellen sent a letter to congressional leaders warning the u.s. remains in a decision to default on its debt as early as june 1 if congress does not act. c-span will be following the debt limit talks as the day unfolds and bring you updates or public statements from those directly involved. >> c-span is your unfiltered view of government. we are funded by these television companies and more, --including comcast. >> you think

china's e—commerce giant alibaba is due to report its latest earnings. analysts expect to see a jump in the final quarter and also looking for details of this spin—off planch will see the tech giant split into six different business groups including one for its online shopping platform. a short while ago i got predictions of alibaba's results. i am expect alibaba to report a strong earning for today. i'm personally on a mission to share more business content to folks outside china so overall environment is resilient, is consumer market is recovering and number two, our data show that the growth of alibaba and other e—commerce platform is getting back to a faster pace and thirdly, we are seeing that cross different business units of alibaba they are expanding the number ofjob openings, so that shows a confidence from the management that they want to expand the business, so we are expect in a strong earnings report from alibaba. timor has always been one of its biggest earners but it is now seeing more competition and even though consumer spending has seen a spike we have a very high youth unemployment rate as well so is this spending spike sustainable? we

commecretary of treasury, the secretary of commerce, also visiting china at some point when we believee timera: is right. >>welcome to the welcome to thee surrender. >> joining me now, elbridge kolby, former pentagon official, and jason chaffetz, former utah congressman, fox news contributorl an. elbridge, what do you expect here? i mean, afteelbridge, r everytht china has done, after has d how they've helped russia in this war in ukraine, we're sending apparently half of the bideapn cabinet over theree to what, kiss the ring?competit, >> well, it seems likently a c a competition. i mean, apparentlytition to , ts a competition among them to see who can go . and the chinese are in c thiats' sort of the catbird seat where the demand we're asking and the chinese are in a position wherrr they're chastising us . i think it actually burns said something correct a couple of weeks ago h. we said china's a much biggerd h challenge and much more powerful than the soviet union. so why do we think that's sort of just playing nice and sort of being chastised and running along? why do we thin k that

of international security and prosperity for generations. in the indo pacific, china is rapidly modernizing its military. it is threatening both the freedom of the seas and rules of international commerce. at the same time, autocrats have become bolder. the threat of terrorism persists. an accelerating climate crisis continues to disrupt lives and livelihoods. all that is left to global stability and security. here is how i see it. in the face of all these challenges, america plays a singular role of leadership. cadets, global security and global prosperity depend on the leadership of the united states of america. as a strong america remains indispensable to the world. our democratic ideals of freedom and liberty inspire brilliant -- billions. our vibrant economy crates unmatched innovation and opportunity and drives global growth. our unrivaled network of allies and partners allows us to build coalitions and catalyze global actions in a way no other nation can. our military is the strongest in the world. our military is a force that underwrites global stability and our national security. it is this pillar of our strength where you cadets have dedicated yourself to lead. essential to o

the issue is less holding china back, more making sure we're able to run faster and a that involves investments had in ourselves. maria: meanwhile, the u.s. chamber of commercehinese police raid on a u.s. management consulting company in the shanghai office and the counter espionage law. joining me here at the milken institute global conference is asia fellow curtis chen. great to see you again. thank you for being here. i'm not satisfied with antony antonyblinken's answer there. he's telling benjamin hall we want to make sure we're in the lead. what about responding to some of these provocations? china sent a surveillance balloon to america and was able to travel that throughout much of the country for a week and it sent military secrets back in real-time. what about the years of intellectual property theft? are we doing enough, not just to counter china but to respond to this behavior? >> for me, no longer a diplomat like the secretary, i can speak my mind and i can say we need to do more. it's not just the government. which clearly could do more to respond to an adversary or threat, the government could do more, also u.s. businesses also need to pick up a

that the lender is china, that we are borrowing from china, our number one adversary in the middle of all of this. now we understand china's commerceh gina raimondo and the wall street reporting this morning that there's a dinner that gina raimondo is hosting for chinese counterparts and expected to meet with representative katherine tai later this week. what can take place? we already know that the trade imbalance is pretty severe, that we are buying many more products from china than they are buying from us. would you be in favor, would you support removing the most favorite trade status from china? >> absolutely not. look, china is the second largest economy in the world only next to the united states and it's still using that title to gain the system and it is using influence in the pacific, using the belt and road infrastructure needs, look what they did to sri lanka, for example. they are using that special status to gain that system. we need to make sure that american dollars and technologies is not helping china to, you know, exercise their economic coercion. we see that. xi jinping and china's communist party is not intere

. >>> the house of representatives committee on china urging the commerce department to put trade curbsechnologies following beijing's ban of the sale of some chips by micron. >>> citizens bank has been fined $9 billion for mismanaging fraud disputes >>> shares of intuit falling after beat estimates it was lower than what analysts had inspected. the european commission has been seeking information related to its probe in their facebook's data and online marketplace. >>> as we gear up for the trading day ahead, turbulence coming from investors. new data showing investment flows into u.s. markets have been weaker than the u.s. returns in the past two months suggesting a headwind for stocks in the coming weeks. the goldman team says it sees roughly an 18% chance that the s&p trades down more than 5% over the next month. for much more on, there let's bring in david katz, chief investment officer great to see you. >> good morning. >> so worried about the direction of the market at all we're citing data from goldman sachs that pointed to possible turbulence. >> short term there's going to be

something like a third of the world's commerce goes through the south china sea. that's not china's territorial waters under the law of the sea convention. it is something they declared with a so-called nine dash line that some government wrote up in 1948 and they seized on it. this has gone on for several years. they built up these atolls and put air bases on them and armed them with air defense missiles after they promised president obama they wouldn't do that. so we're continuing to assert freedom of navigation of the seas and freedom to do air reconnaissance in the skies and we must continue to insist on this. >> obviously one of many points of contention between the two powers but perhaps the most likely to lead to a dangerous escalation. as we saw in this video, the surveillance plane encounters turbulence. if there's any miscommunication or miscalculation, there could be a serious incident. >> that's right. it could cause an incident and it's happened in the past. some 20 years ago, an american reconnaissance plane had its wing clipped by a chinese fighter.

so my question for you, how is the department of commerce working to ensure that its strategy on economic competitiveness particularly with chinareflects not only purchased research and development and innovation but actually the making of things and manufacturing with american workers in the united states? >> thank you, senator. good afternoon. i wholeheartedly agree that we need to get back into the business of making more things in america and as my colleagues know, no one believes that more than president biden. so we are doing a number of things and ensuring that we can regain our, rejuvenate our manufacturing sector. first and foremost is the chips act. hundreds of thousands for manufacturing jobs. this budget calls for increased investments in the manufacturing extension partnership which will provide technical assistance to small manufacturers which is the majority of manufacturers even in michigan. all the small suppliers, they will help them to become more digitized to do training et cetera. we will also invest in a great deal of money in job training and apprenticeship initiatives with a focus on manufacturing. so, i

of semiconductors to china. in a statement, the country's commerce minister labelled the controls a wrongdoing, saying they seriouslyles. nowjapan only agreed to violate international trade rules. now japan only agreed to match violate international trade rules. nowjapan only agreed to match us export controls which limited chips to china. this affects 23 different types of equipment from being exported. it's characterised these restrictions as being part of its duty to contribute to international peace and stability. tesla's chief executive elon musk is expected to visit china this week, according to sources which have been speaking to the newswire reuters. he is expected to meet with senior chinese officials as well as at the tesla shanghai plant. that's all we have for you now, shanghai plant. that's all we have foryou now, i'm shanghai plant. that's all we have for you now, i'm monica miller. sally has been an hgv driver forjust over a year. she only drives in the day, but says finding somewhere decent and safe to park is difficult. some have got good parking and others haven't. so in the day, it's not so bad. b

of china, mr. likan. during the negotiations , five agreements were signed, one of them being a memorandum of understanding between the mine of the russian economy and the ministry of commercer investment in trade in services , the press service reports. spend across russia after the signing of this agreement moscow epigen will begin to develop inter-regional trade in services other mediocre documents has become a fitness protocol for sanitary requirements in the wife, which are exported from russia to china , the agreement will be valid between the rosselkhoznadzor and the main chinese administration there. also agreed. it became known information. confirmed on the joint production of drones citizenship. today, relations between russia and china are at an unprecedented high level, they are characterized by mutual respect for each other's interests , the desire to jointly respond to new challenges that are associated with increased turbulence in the international arena, illegal sanctions pressure from of the collective west as they say, our chinese friends, unity allows us to move mountains, china intends to support the exchange between the business countries of the countri

in the '70s and '80s how would you characterize how we treat our relationship with china from that perspective of commerceense and everything else? and does the business aspect maybe make things a little bit more difficult >> i think that's a little bit apples and oranges china is a massive economy, one of our largest trading partners, et cetera. i think of it as we want to promote american business and exports and trade where it's in our interests and where it can create jobs, but we also need to be eyes wide open about the military threat and the fact that china -- we're ahead of china on ai, on chips, on a lot of advanced technology and we need to protect that we would be crazy to allow that. we're going to protect ourselves. we're going to protect the american people but we're going to trade and do business where it makes sense to create jobs and to de-escalate any tension escalation is in nobody's interest and doing business where appropriate is the right thing. >> you mentioned chips, and i was wondering if you could give us an update about eight months since the passing of the chips act i know you'

former resident of signatur secretary of state antony blinken and commerce secretary gina raimondo testified on u.s. security, competitiveness and the future of u.s. chinaelations. watch week on the c-span networks or-sn now. also head over to c-span.org for scheduling information or to stream video live or on-demand anytime. c-span, your unfiltered view of government. >> c-span is your unfiltered view of government. we are funded by these television companies and more, including comcast. >> you think this is just a community center? no, it is way more than that. >> comcast is partnering with 1000 community centers to create wi-fi enabled so that students can get the tools they need to be ready for anything. >> comcast supports c-span as public service along with these other television providers,

people some of these people came from vietnam, tanzania, cuba, from african countries, from japan, from china , a group came from them, who met them separately at the tehran chamber of commerce and had very good talks in addition to official meetings, and in fact, examining problems and obstacles. there is a possibility of so-called trade in the country. face-to-face and face-to-face meetings were arranged for both countries, and in my opinion , while the reception was good, i think my experience is a sign of a collective work. it is organized and planned to describe from the point of view of the organization in the meetings, they expressed their satisfaction with the quality and variety of iranian goods, if they depended more on the problems and obstacles and these infrastructures that may exist for trade, they would raise weapons, which in their case are in the form of service joints. it was brought to your attention from iran, see, i think there is a very good capacity in the field of engineering services in most countries, from someone we have in the field of engineering and technical services who pointed out that it appeared just today, it was welcomed and agreed and it

t secretaries of state defense and commerce are in front of the senate appropriations committee to outline how the president's 2024 budget request addresses u.s. competitiveness with china. everything also streams live on the c-span now video app or online at c-span.org. >> a healthy democracy does not just look like this, it looks like this. where americans can see democracy at work. where citizens are truly informed, a republic thrives. get informed straight from the source on c-span. unfiltered, unbiased, word for word. from the nation's capital to wherever you are, the opinion that matters the most is your own. this is what democracy looks like. c-span, powered by cable. >> on monday when congress is in session we like to look at the week ahead and we are joined by a reporter and as the clock ticks down on this u.s. debt limit debate, what is the latest on where we are? did anything happen over the weekend to move this forward? are? did anything happen over the weekend to move this forward? >> negotiators met over the weekend on saturday and they will continue today but speaker mccarthy and leader schumer and leader mcconnell are expected to meet tomorrow. it seems

of china's $200 billion livestreaming industry. in china, social media platforms like tiktok are seamlessly integrated with e -commerce, so farmers can sell their produce live to their followers. jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] lydia: jia's farm is in a region famous for cherries. when she and her husband took over the property, it was suffering after years of intensive monoculture. jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] jia: [speaking in foreign language] lydia: shanghai's summer chorus of cicadas fills the air as toutou packs his things for the ball. toutou: [speaking in foreign language] toutou: [speaking in foreign language] toutou: [speaking in foreign language] toutou

. >>> welcome back china's commerce minister accused the country of breaking international trade rulesrn u -- and urged to correct wrongdoing chinese profits fell over 18% on the year in april over concerns of the global demand the data could trigger government intervention after the pledge to boost domestic demand sam fooled this report >> reporter: industrial slipping last month which is the uneven economy playing out. profits fell 20% for the year and april marking the 18% drop the numbers are consistent with the weakness in the monthly data as companies continue to face a number of unfavorable conditions demand is softening. the manufacturing side has been slower to keep up with the pace of the post-reopening rebounce on the services sector as the property sector is slow and export growth is under pressure. producer prices also continue to stay in deflation territory which is weighing on the margins. the data continues to show imbalances in profitability. industrial firms in china show 13 of 81 industries saw profits rise year to date. businesses of power and heating and equipment

. >> tuesday, defense secretary lloyd, secretary of state antony blinken and commerce secretary ginaaimondo testify about u.s.-china rations and national security. live coverage begins at 2:00 on c-span you can also watch on our free mobile video app, c-span now, or online at c-span.org. >> a healthy democracy doesn't just look like this, it looks like this, where americans can see democracy at work, when citizens are truly informed. get informed straight from the

i spoke earlier today with michael hark, the president of amchan china, the american chamber of commerceiness community is rattled. >> from our point of view, if you can't do due diligence and can't collect economic statistics, you can't run a business. what we understand is the companies targeted were doing due diligence for potential mergers or acquisitions or collecting data, trying to understand the economics around their business. again, if you can't collect information, how can you run and manage a business? >> if we look at cause and effect, are the raidser espiona precursor to china wanting to decouple from the u.s.? >> it is unclear what is causing the raids. this is a thing that concerns the business community, we don't have clarity on the concerns. we don't think china really wants to decouple. they probably want to derisk. we think the chinese understand the cross-border business is critical for both economies, so i don't see the chinese having a wide-scale decoupling. >> reporter: state media have been covering the raids, saying that certain western countries have been steal